In a townhall event Tuesday last week, President Obama informed the audience that they should be weary of fearmongering. The irony of such comments seems to have been lost on the many sycophants in the pre-selected crowd that day. All this administration has offered now for months in defense of its abysmal track record is [...]
Posts Tagged ‘recession’
Expecting Different Results
It has been said that insanity is doing the same thing over and over and expecting different esults. In the natural sciences, a consistency of results is desired to substantiate or discredit a hypothesis. Thus undertaking the same task repeatedly while seeking a different outcome each time is counterproductive.
G20 set to embrace Obama’s economic policy.
Ronald Reagan, in describing the economic views dominant in the Democratic Party, once said: If it moves tax it, if it keeps moving regulate it, if it stops moving subsidize it. The Group of 20 convened earlier this week in London to much ruckus and fanfare. Making his presence known was the Celebrity-in-Chief, President Obama. [...]
Geithner provides more reason to worry
U.S. Treasury Secretary Tim Geithner’s bout with foot-in-mouth disease continues. Now, apparently, he endorsed efforts to undermine the security of the United States by (inadvertedly, or otherwise) supporting the replacement of the U.S. dollar as the worldwide reserve currency with something new. Like so many of Geithner’s grand ideas, this one too manages to leave investors weary.
Obama’s desire to delegate should be viewed with caution.
Amidst continuing economic uncertainty at home, and growing frustration among the more rightward Obama supporters, the President finds himself confounded with a deteriorating foreign policy situation. It is perhaps for this reason that Secretary of State Clinton seems to have such a free hand in conducting foreign policy on behalf of the administration so far. The [...]